The iconic two-story Soho building that was purchased by John Lennon and Yoko Ono in 1971 has been put on the market for the first time in over 50 years. Located at 496 Broome St., this brick, bluestone, and terra cotta structure was the first residence that the famous couple bought together in New York City. It holds historical significance as it served as a base for their artistic ventures at the time when they also rented an apartment at 105 Bank St.
After half a century of being under the ownership of Yoko Ono, the property is now being listed for sale with an asking price of $5.5 million. The building boasts an open-format ground floor space with high ceilings, an open kitchen, and a lofted bedroom, along with a live-work space and a recording studio on the second floor. Built in 1885, the property has the potential for adding three additional floors according to the current zoning laws, which could total approximately 7,500 square feet.
Philip Norman, author of “John Lennon: The Life,” noted that the 496 Broome St. building was significant as it was used for various artistic projects by Lennon and Yoko. The ground floor was designed like a gallery and the upper level had a unique layout with four consecutive windows. Additionally, the building was considered as a place for social gatherings, described as their “salon,” where people could simply walk in and interact with the couple during their time at Bank St.
The listing of this historic property has generated interest due to its connection to popular culture and its potential for being a valuable investment. Paul Smadbeck, one of the JLL agents handling the sale, highlighted the versatility of the zoning laws and the prime location in Soho, which make it an attractive opportunity for creating a one-of-a-kind property. With over 3,800 square feet of space, the building stands as a unique piece of New York history that offers buyers a chance to own a part of the iconic legacy of John Lennon and Yoko Ono.
The iconic Soho building holds sentimental value not only for being the initial residence of John Lennon and Yoko Ono in New York City but also as a significant landmark in their artistic journey. Having served as a hub for their creative collaborations and social gatherings, the property has a rich history that adds to its appeal. The listing for sale presents a rare opportunity for buyers seeking to invest in a property that has both historical significance and potential for further development to create a distinctive living or working space in one of the city’s most desirable and trendsetting neighborhoods.
In conclusion, the sale of the 496 Broome St. building marks the end of an era spanning over five decades under the ownership of Yoko Ono and provides a unique opportunity for a new owner to reimagine the space while preserving its historical legacy. With its architectural charm, historical significance, and potential for expansion, the property stands as a symbol of the creative partnership between John Lennon and Yoko Ono. As the sale proceeds, the iconic building continues to captivate the public’s interest and remains a lasting tribute to the enduring influence of two legendary artists in the heart of New York City.
